During 2019, Coronado Industries expected Job No. 26 to cost $ 300000 of overhead, $...
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Accounting
During 2019, Coronado Industries expected Job No. 26 to cost $ 300000 of overhead, $ 500000 of materials, and $ 200000 in labor. Coronado applied overhead based on direct labor cost. Actual production required an overhead cost of $ 250000, $ 520000 in materials used, and $ 160000 in labor. All of the goods were completed. What amount was transferred to Finished Goods?
$ 1000000
$ 980000
$ 930000
$ 920000
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